10-Q quarterly report · filed Mar 10, 2017

Nutanix Inc (NTNX) Q1 2017 10-Q Quarterly Report

Short answer

Nutanix Inc (NTNX) filed its Q1 2017 10-Q quarterly report on Mar 10, 2017 for the quarter ended Jan 31, 2017.

Nutanix Inc Q1 2017 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Q2 revenue $182.2M, up $79.5M YoY from $102.7M
  • Product revenue $138.5M, up from $81.2M; support revenue $43.7M, up from $21.5M
  • Gross margin 57.8% vs 63.1% YoY; operating margin (50.6%) vs (34.3%)
  • Operating cash flow $19.8M vs $4.5M; free cash flow $7.1M vs $(5.9)M
  • Cash and equivalents $226.0M plus short-term investments $129.1M; IPO net proceeds $254.5M, senior notes fully repaid

Risk Factors

  • Newly highlighted export risk: Trump administration trade-policy changes could impose more stringent controls, delaying or preventing international sales
  • Most material update: DRAM and NAND shortages increased component prices in January 2017, pressuring gross margin and expected to continue immediately
  • Regulatory risk: GDPR effective May 2018 adds stricter EU data-protection requirements and greater noncompliance penalties
  • Operational risk: North American sales productivity declined after sales-force segmentation, with fewer large deals in the quarter ended January 31, 2017
  • Financial risk: Net losses reached $255.4 million and accumulated deficit $697.2 million as of January 31, 2017

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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